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    <title>2024 (11) TMI 1010 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , CHENNAI</title>
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    <description>A later challenge to the liquidation order and auction process was treated as unsustainable where the resolution plan had already been rejected, the revised plan was also refused and not separately challenged, and the liquidation process had substantially progressed or concluded. The Tribunal noted that prior refusal of the same relief in interim proceedings attracted res judicata and reinforced finality. With no live cause remaining under the insolvency framework, the prayer to halt the auction and reopen the resolution route could not be entertained.</description>
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      <description>A later challenge to the liquidation order and auction process was treated as unsustainable where the resolution plan had already been rejected, the revised plan was also refused and not separately challenged, and the liquidation process had substantially progressed or concluded. The Tribunal noted that prior refusal of the same relief in interim proceedings attracted res judicata and reinforced finality. With no live cause remaining under the insolvency framework, the prayer to halt the auction and reopen the resolution route could not be entertained.</description>
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